Vermilion Energy (TSE:VET) Stock Price Expected to Rise, National Bankshares Analyst Says

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price raised by equities researchers at National Bankshares from C$14.50 to C$18.50 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target suggests a potential upside of 36.73% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Scotiabank raised their price target on Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. ATB Capital lifted their price objective on shares of Vermilion Energy from C$14.00 to C$16.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 11th. Desjardins boosted their price target on Vermilion Energy from C$12.50 to C$13.00 and gave the company a “hold” rating in a research note on Monday, November 24th. TD Securities lifted their price objective on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, BMO Capital Markets lifted their price target on Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a research note on Thursday, December 11th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Vermilion Energy has an average rating of “Hold” and a consensus target price of C$14.50.

Vermilion Energy Price Performance

TSE VET traded up C$0.67 during trading hours on Tuesday, reaching C$13.53. 1,035,275 shares of the company’s stock were exchanged, compared to its average volume of 1,155,219. The firm has a fifty day moving average of C$12.01 and a 200-day moving average of C$11.31. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The stock has a market cap of C$2.08 billion, a PE ratio of -8.90, a price-to-earnings-growth ratio of -0.02 and a beta of 0.80. Vermilion Energy has a one year low of C$7.29 and a one year high of C$14.00.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.02 EPS for the quarter. The business had revenue of C$452.18 million for the quarter. Vermilion Energy had a negative net margin of 42.01% and a negative return on equity of 28.37%. On average, equities research analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average price of C$11.56 per share, with a total value of C$57,800.00. Following the acquisition, the director owned 50,000 shares in the company, valued at C$578,000. The trade was a 11.11% increase in their position. Company insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.